Daymond John hates to be the bearer of dangerous information, however he thinks all indicators level to our financial restoration being kinda like watching paint dry — sluggish and painful.
The “Shark Tank” star was on “TMZ Stay” Friday to speak concerning the distinctive financial challenges dealing with the nation amid the coronavirus disaster. Daymond does not mince phrases, and with file unemployment, he thinks there could possibly be an actual property collapse in our future.
Take a look at the vid … Daymond says what makes this financial disaster totally different than the Nice Recession of 2008 is again then we weren’t coping with a virus that is claimed greater than 75,000 American lives. He provides, it took four to five years to bounce again from ’08.
Daymond not too long ago advised us the disaster might change the retail enterprise in everlasting methods — lots of them good — and he says there’s nonetheless some constructive information. Watch the clip, he says all of it pivoting … with know-how.